As your browser does not support javascript you won't be able to use all the features of the website. We strongly recommend you to enable the javascript in your old browser's settings or download a new one.

Have we finally got a reason for correction?..

This guy just reads my mind:

Three popular stock indexes in Europe are giving multi-year rising support a heck of a test of late. Each index may have created a rising wedge, which two-thirds of the time suggests lower prices are ahead.

With all eyes on Argentina's debt default, what Europe does from here is VERY important!

IF ... If Europe is reaching a "tipping point", this price action very well could ripple into the S&P 500. Europe exhibited similar behavior in 2000 and 2007.